MDCE ... Where Entertaiment and Education Embrace Message Board

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Microcap & Penny Stocks : MDCE ... Where Entertaiment and Education Embrace

MDCE 0.000400

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Dec 26 9:30 AM EST

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To: saltbox who wrote (1523)	4/3/1998 2:46:00 PM
From: Jamessmith	Read Replies (1) of 3046

My broker told me one Market Maker is doing so. Basically, this MM delayed to report or divide big buy blocks into some blocks. For example, my broker bought 10,000 shares MDCE at $0.18 about 1:00 pm ET for his client. Though my broker has received the confirmation for the transaction, this MMs only reported 1,000 shares first, then 2,000 shares. So far this MMs has not reported another 7,000 shares, as this MMs wants to give the impression that there are more sells than buys. If you sell 10,000 shares at $0.16, this MMs will report in 30 seconds after the transaction. Thus, they can get more cheap shares. This is one of tricks that MMs are using to manipulate the market. James

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